Bonita Corporation incurred the following transactions.

1.

Purchased raw materials on account $46,800.

2.

Raw Materials of $40,900 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,600 was classified as indirect materials.

3.

Factory labor costs incurred were $63,800.

4.

Time tickets indicated that $54,300 was direct labor and $9,500 was indirect labor.

5.

Manufacturing overhead costs incurred on account were $82,300.

6.

Manufacturing overhead was applied at the rate of 150% of direct labor cost.

7.

Goods costing $93,700 were completed and transferred to finished goods.

8.

Finished goods costing $78,000 to manufacture were sold.

Record the transactions. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Manufacturing Costs

Raw Materials Inventory Factory Labor Manufacturing Overhead Work in Process Inventory

Finished Goods Inventory Cost of Goods Sold

1. Purchased raw materials $enter a dollar amount

46800

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

2. Direct materials enter a dollar amount

-38200

enter a dollar amount

enter a dollar amount

enter a dollar amount

38200

enter a dollar amount

enter a dollar amount

2. Indirect materials enter a dollar amount

-8600

enter a dollar amount

enter a dollar amount

8600

enter a dollar amount

enter a dollar amount

enter a dollar amount

3. Incurred factory labor enter a dollar amount

enter a dollar amount

63800

enter a dollar amount

enter a dollar amount

enter a dollar amount

enter a dollar amount

4. Direct labor enter a dollar amount

enter a dollar amount

-54300

enter a dollar amount

enter a dollar amount

54300

enter a dollar amount

enter a dollar amount

4. Indirect labor enter a dollar amount

enter a dollar amount

-9500

enter a dollar amount

9500

enter a dollar amount

enter a dollar amount

enter a dollar amount

5. Overhead costs incurred enter a dollar amount

enter a dollar amount

enter a dollar amount

82300

enter a dollar amount

enter a dollar amount

enter a dollar amount

6. Assigned overhead enter a dollar amount

enter a dollar amount

enter a dollar amount

-95700

enter a dollar amount

95700

enter a dollar amount

enter a dollar amount

7. Completed goods enter a dollar amount

enter a dollar amount

enter a dollar amount

enter a dollar amount

-93700

enter a dollar amount

93700

enter a dollar amount

8. Goods sold enter a dollar amount

enter a dollar amount